Hampshire buys another Queensland asset
Sydney based over-55s accommodation provider Hampshire Villages Australia, which turns 20 next year, has acquired a second Queensland asset in 10 months.
Andergrove Van Park spreads 8.5 hectares at Andergrove, a northern suburb of Mackay.
With villas, cabins, unpowered and powered caravan sites with ensuites – it has been marketed as a village to suit all resident budgets.
There is even a 50-wheeler/bus zone.
Residents can also access a camp kitchen, pool and dump point. With a managed front reception, it has Wi Fi too.
Mackay is about 820 kilometres north of Brisbane – also about halfway if driving to Cairns from the Queensland capital (c1700km).
“We continue to see strong activity and participation from a wide range of buyer markets including traditional and non-traditional institutional investors, syndicators and private high net worth individuals,” JLL agent, Tom Gleeson, posted about the off-market deal on social media early last week (story continues below).
Hampshire doubles down in Queensland
The Andergrove deal comes 10 months since Hampshire outlaid $8.25 million for the Toowoomba Motor Village, offered for the first time in 49 years.
On 2.79 hectares at Kearney Springs, with 110 onsite dwellings and another couple of hundred caravan sites, it is expected to reopen this year under the Hampshire brand after a renovation.
The majority of the operator’s assets are in NSW – 18 NSW. It also controls three in Victoria (two at Geelong), two at Western Australia and one in South Australia, in Adelaide’s north Penfield.
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